Last updated
Average Rent in Burnsville, MN & Rent Trends
Rent prices and market trends across 4 apartment communities in Burnsville, MN. Updated daily.
Market Average
$1,283/mo
Lowest Available
$1,118/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
6
available now
Price Cuts This Week in Burnsville, MN
13 listed units across 3 buildings offering studio units in Burnsville, MN dropped their asking rent in the past 7 days, an average cut of $52/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Willow Pond | Unit 4, Magnolia | $1,470 | $1,315 | $155 |
| Willow Pond | Unit 13, Maple | $1,535 | $1,455 | $80 |
| Willow Pond | Unit 7, Maple | $1,570 | $1,490 | $80 |
| Willow Pond | Unit 8, Maple | $1,545 | $1,480 | $65 |
| Willow Pond | Unit 12, Maple | $1,525 | $1,475 | $50 |
| Willow Pond | Unit 9, Maple | $1,505 | $1,460 | $45 |
| Willow Pond | Unit 17, Willow | $1,855 | $1,815 | $40 |
| Willow Pond | Unit 6, Magnolia | $1,325 | $1,285 | $40 |
Rent by Neighborhood in Burnsville, MN
Compare average rent across Burnsville, MN neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Lakeville 55044 | $1,961 | ▲ $79 | $1,556 | 1 | 5 |
| Apple Valley 55124 | $1,874 | ▼ $85 | $1,355 | 2 | 16 |
| Burnsville 55306 | $1,759 | ▲ $80 | $1,290 | 2 | 45 |
| Burnsville 55337 | $1,615 | ▼ $21 | $1,118 | 8 | 78 |
| Savage 55378 | $1,548 | ▼ $23 | $1,465 | 1 | 5 |
Is Rent Going Up or Down in Burnsville, MN?
As of September 2026, the average rent in Burnsville, MN is $1,283 per month across 4 apartment communities and 6 available units.
The most affordable option is Meridian Pointe starting at $1,118/mo. By unit type, a studio averages $1,283/mo.
Prices range from $1,118 to $1,485 per month. The most common price point is the $1,200 range, where 3 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Burnsville, MN
Rent Prices by Apartment in Burnsville, MN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Meridian Pointe | $1,118/mo | $1,188/mo | 2 | 3.9 |
| Willow Pond | $1,175/mo | $1,243/mo | 2 | 3.7 |
| Maven Apartments | $1,351/mo | $1,351/mo | 1 | 4.1 |
| Galante at Parkside | $1,485/mo | $1,485/mo | 1 | 4.6 |
Frequently Asked Questions About Rent in Burnsville, MN
What is the average rent in Burnsville, MN?
Is rent going up or down in Burnsville, MN?
What is the cheapest apartment in Burnsville, MN?
How many apartments are available in Burnsville, MN?
What salary do I need to live comfortably in Burnsville, MN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$51,000/year
Based on the 30 percent rule, using our tracked average rent of $1,283/mo.
Comfortable income
$62,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,118/mo), you need to earn at least $45,000/year.
Median household income in Burnsville, MN is $83,953 , about 36% above the comfortable-living threshold.
Cost of living in Burnsville, MN
Overall prices in Burnsville, MN runs above the national average by about 4% (BEA Regional Price Parity index 104.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Burnsville, MN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,283 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $4,887/mo |
Population
64,295
Median household income
$83,953
Census median rent
$1,501/mo
Census rent burden
31.8%
Median age
36.9
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Burnsville, MN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Burnsville, MN Apartments
Browse all 4 communities with daily-updated pricing and availability.